Why I Might Short Nintendo Stock
This morning, I read that Nintendo’s stock has more than doubled since the release of Pokemon Go and, as of this writing, Nintendo is worth more than Sony. A couple of days ago, Pokemon Go surpassed Twitter in active daily users and Facebook in engagement. Wherever you go, it seems, there are hordes of people catching enigmatic little virtual monsters and crying out with glee. But here’s the thing: how many more times will people spend their time playing Pokemon Go?